Ladies -You run your own business, and data show you probably invest more successfully than men. So why is money still so intimidating? Studies show that women are not necessarily bad with money, often women had different goals because of their role in the household and now those same skills can be applied to their long-term financial decisions, according to money experts.
By many measures, women’s lives have changed substantially in recent decades. Women are earning significant salaries, holding top management positions and achieving financial independence. And while making money is important, managing your money may be even more critical. In order for you to reach financial goals such as buying a home or financing your child’s education, a financial game plan is top priority now.
There are roadblocks many women feel are stopping them from learning to take control of their finances. Women need to be educated and prepared. So understanding your assets now can help prevent financial crisis down the road. Being financially educated and prepared doesn’t have to be difficult. If you apply yourself, it’s fairly straightforward.
Are there differences between men and women when it comes to investing?
Women need to handle their finances differently from men. Mainly because of the differences in the earning patterns and priorities that women set for themselves. While financial education is important for both genders, it is extra important for the women. Statistically speaking women earn less, live longer, and spend more time out of the workforce caring for family than men. From staying on top of your personal finance situation to surviving a divorce or death of the spouse, to planning for a longer life, women should learn how to prepare for a financially secure future. Clearly, you need to take charge of your financial well being!
While women may be less likely to enjoy investing, studies show that they may inherently be better investors than men. So empower yourself by taking control and get started on your financial education . A new perspective on financial education might be just what you need.
According to Kim Kiyosaki women need to master their personal financial situation. You’re going to become a better businesswoman if you have your financial life handled first. Kim Kiyosaki reveals more powerful insights and personal strategies for achieving long-term financial independence at this year’s National Achievers Congress in Singapore.
For more information, visit the event website: http://www.nationalachieverscongress.com